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For saleNew listingMLS® W14126210

1982 Islington Avenue, Toronto, ON M9P 3N5

Kingsview Village-The Westway · W09 · M9P 3N5

$2,995,000

$470 / sq ft

1 weeks on market

Bathrooms
5
Total area
6,377 sf
Lot
251.86 × 314.48 ft
Age
51-99 years

What's special

  • Outside/surface garage
  • Yes

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About this property

A rare opportunity to own Briarcrest Manor, a property offering charm, flexibility, and exceptional potential in the heart of Etobicoke. Situated on a private 1.533 acre lot with mature surroundings, is an improved building area of 6377 sf over two floors with partial basement. A compelling value add investment or owner occupier opportunity. Current Tenants include a daycare with outdoor play area, a massage therapy clinic, and a legal office with approximately 2,440 sf of vacancy. The Leases in pace are short-term providing excellent adaptability for future uses if desired. In place zoning allows for a variety of commercial uses as of right, including professional offices, boutique schools, daycare/childcare, medical/wellness, creative studios, restaurant/cafe, gallery and more. The property offers a tranquil setting combined with excellent access off of Islington Ave, just south of Dixon. Originally build in the 1930's by Frank Ridley, one of Canada's foremost amateur archaeologists and a notable Etobicoke builder, Briarcrest Manor showcases timeless architectural character. The property is recognized as heritage (non designated), preserving its historic significance while allowing operational flexibility. The expansive lot includes 0.9 acres of protected ravine lands, designated as unusable for future development or alteration. The Seller makes no representations or warranties regarding the potential for development, construction, demolition, or planting on this ravine portion. With combination of income stability, short term lease flexibility 1982 Islington Ave. is a standout opportunity for investors or occupiers.

Property details

Property

Property type
office
Bathrooms
5
Interior size
6,377 sq ft
Year built
51-99
Lot size
251.86 × 314.48 ft
Zoning
CL (Commercial Limited)
Possession
Immediate

Interior

Heating
Gas Forced Air Closed
Cooling
Yes

Exterior & services

Garage
Outside/Surface
Sewer
Sanitary+Storm

Costs

List price
$2,995,000
Property taxes
$27,820 / year (2026)
Price per sq ft
$470

Listing

MLS® number
W14126210
Status
For sale
Listed
October 28, 2026
Days on market
7
Last updated
October 29, 2026
Listing brokerage
CUSHMAN & WAKEFIELD

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced above most comparable listings — about 82% of comparable office listings in Toronto are asking less.

$323KMedian $690K$4.40M
This home
$470 / sq ft
Comparable median
$624 / sq ft

Based on 95 comparable active office listings in Toronto. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $599,000
$599,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$13,247.90
Property tax (est.)
$2,318.32
Estimated monthly
$15,566

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$61,350
Toronto municipal
$61,350
Total due on closing
$122,700

An estimate on the asking price of $2,995,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of CUSHMAN & WAKEFIELD. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$2,995,000

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